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Re: Widgeon post# 99340

Thursday, 04/01/2021 1:00:12 PM

Thursday, April 01, 2021 1:00:12 PM

Post# of 104411
Because in order to be at 10-12 percent up on my investment for the 11 years I have had the stock, the stock price must get to about .25 cents otherwise I should have put that money elsewhere. Even at .19 I was still 150k short of matching stock market performance. 125k has to be close to 450k to match the market after 11 years minus brokerage fees for buying and selling penny stocks. So I am just waiting until my performance matches what it should be. Breaking even or doubling my money would have been great in the short term, but for longs, just doubling your money is a huge loss.

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